User loses nearly $1M in USDT on Ethereum via single phishing signature

An address starting with 0x8c94 lost $999,999 in USDT on the Ethereum network after signing a phishing token approval, Web3 anti-scam security platform ScamSniffer reported on X. The initial withdrawal attempt for $1 million failed as it was $631 over the wallet's balance. However, 36 seconds later, a script recalculated the amount and drained the entire balance. In response, ScamSniffer urged users to always double-check signature requests and not to rush.